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Search Results 0 to 49 of about 116 (some duplicates have been removed)
or not our political system, whether the leaders can get together, whether they can solve big problems or are they just going to kick the can? if you look at the statements of the rating agencies who have questioned the fiscal soundness of this country, it's about our political system, not being willing or able, seemingly, to take on big tasks. >> the president may be confident about a larger plan but senate minority leader mitch mcconnell, one of the key lawmakers involved in negotiations says he thinks a $4 trillion deal is off the table. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> after last night's white house meeting, house minority leader nancy pelosi said democrats are still hopeful for a large bipartisan agreement as long as it does not do harm to the middle class. and aides to john boehner says the speaker now believes the cuts outlined by vice president biden's bipartisan gro
. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
about taxes and possible cuts to the big three. >>> and in wisconsin, we have a result in the state's first recall election since the scott walker union busting law was passed. the democrat, dave hansen, has defeated the republican challenger, another major victory for workers rights in wisconsin and in america. this is "the ed show." let's get to work. >> we now have a bipartisan group of senators who agree with that balanced approach. and we've got the american people who agree with that balanced approach. >> the gang of six plan rides again. bernie sanders gives the plan a huge thumb's down. he's here tonight. rupert murdoch plays dumb in front of parliament. >> i don't know. >> reminds me of a scene from the godfather. >> i don't know nothing about that. >> we have more on the news corp. dog and pony show. and the election results everyone is waiting for out of wisconsin. we will talk to the first member of the wisconsin 14 to face a recall election. >>> good evening, americans, thanks for joining us tonight. with less than two weeks before the united states defaults on its obli
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
. the big mistaking that had people thinking they had gotten the bargain of the year. >>> but first, here are your options. resign or be fired. that is the ultimatum that was just given to nearly 200 educators tied to one of the largest school cheating scandals in u.s. history. it was just over a week ago, a state investigation revealed 178 teachers, including 38 principals, woulding at 44 schools cheated for students on standardized tests in atlanta. on monday, interim superintendent erroll davis replaced four superintendents and one principal in the atlanta public school scandal. now a letter has been sent to the 178 teachers, principals and administrators who were on the state investigative report as either confessing to or being implicated in the cheating. davis has ordered that educators resign by next wednesday or they will face termination. he says the culture inside the school district has to change. >> people failed children, they cheated. and we can't allow that to happen and we can't allow anyone who was involved with that to remain in our system. >> now, staff replacement may
. floor ads are big business across this country because -- come on, if you're a company who sells stuff? supermarkets, wouldn't you want a big, shiny floor ad like this one? a couple of years ago, a floor ad mysteriously started losing top clients. they didn't because people didn't want floor ads anymore. come on, they started losing clients because a rival company in the industry was starting to lose their clients. floor graphics was a small firm in new jersey, but a big players entered the arena, a big player with a bigger corporate parent, a company you may have heard of, news corp. news corp. had a u.s.-based company called news america marketing that was already involved in the supermarket advertising business but really wanted in on the awesome floor ads. the only problem was this small new jersey company, floor graphics, was dominating the market. you say problem, news corp. says opportunity. news corp. set its sights on taking this little company down. they had the right guy to do it, according to a fortune magazine profile, crushes a rival's skull with a baseball bat. who bette
ahead of the briefing. pushing support for this gang of six plan and it's a big one, kiran. that would include $500 billion in immediate cuts and there would be tax increases approximately to the tune of $1 trillion and it would tackle intij entitlement reform. you're saying doesn't it sound like the grand bargain that president obama was pursuing with speak boehner and was a no-go on the impasse on tax increases? exactly right. this is a big plan and there is something in this plan, i think, for everyone to hate. for republicans insisting no tax increases even on the wealthy and for democrats who are very concerned about medicare cuts, even though the program solvency is threatened. >> brianna keilar, we are watching every single second of this debt deal of the negotiations. we will be talking a lot more in the next couple of hours, next couple of days. >>> minnesota congresswoman michele bachmann getting more attention on the campaign trail. another poll showing she is making inroads with gop voters? >> reporter: she sure is what the polls indicate. yesterday she was in the spotlight
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
tennessee. can they sell it to the house republicans? >> that's a big question. i think what we saw today both from president obama and someone like lamar alexander is this isolation that going on of the house republicans, saying, look, the gang of six got a deal, that's why president obama went out this to say it. mitch mcconnell's got a backup plan. john boehner and i were kind of working together and, well, who's out of that picture? the house republicans. and the polls are increasingly showing that the house republican point of view is not popular with the american public. i mean, there's a "washington post" out -- poll out tonight that says that more than three-quarters of americans see the republican leadership as being too resistant. >> however, however, let's listen as we go back to kate bolduan on the hill, the democrats are reading the polls. the democratic leadership going to the floor essentially saying, republicans, why are you wasting our time? >> the public has had it with this theater of the absurd that's going on. they want congress to come together as our president has s
and that branch, you know, fell from a good distance. and it's as big as some trees and there is a good-sized brang that fell down -- branch that fell down on the folks. there was no warning or noise. and it fell without warning and no one was trapped. thank you very much. >>> real quickly, we told by a person with d.c. parks that came by that they believe the tree was prettyo, about 75 years old -- pretty old, about 75 years ole. they don't know what caused the limbs to fall, but the city has langed an investigation to figure out exactly how this happened. it looks like a terrible accident at this point. we'll keep you updated on all of the individuals that were injured here. back to you. >> all right, thank you. >>> the british phone hacking scandal took center stage in front of parliament. lawmakers grilled rupert murdoch and the top executives over allegations that news of the world reporters hacked into personal phone messages. also, a heckler attacked murdock in the middle of the testimony. amy kellogg has more. >> reporter: rupert murdoch and his son james under intense scrutiny
hundreds of new airplane, a big ebs purchase of its kind in history. >>> a conservative website says michele bachmann's migraines could make it impossible to do her job as president. she says no, she could do the job. [ female announcer ] nutri-grain -- one good decision... can lead to another. ♪ ♪ with real fruit, more of the whole grains your body needs, and a good source of fiber. nutri-grain can help you eat better all day. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. [ woman ] ♪ why you gotta be like that? [ elevator bell dings ] ♪ don't be like that ♪ 'cause i deserve better than this ♪ ♪ did i catch you playing up like that? ♪ ♪ [ female announcer ]
migraines under control and they are not a big problem for her. >>> in the latest nbc news/"wall street journal" poll, bachmann surged into second place among 12 republican candidates. former governor mitt romney remains number one with 30%. bachmann is second with 16%. that is a big difference from a month ago, when she was just at 3%. texas governor rick perry comes in third, but he hasn't decided if he will actually run for president. >>> veronica johnson joins us now, talking about the heat that is here and the more heat -- if that makes any sense. >> the impending doom of more heat. yeah. normally during the summer, you get excited about getting out and doing something, right? nothing exciting about getting out the next couple of days, at all, as a matter of fact. tomorrow, we're going for triple digit readings around the area. that means, aaron, it's not going to be just uncomfortable, but stressful being outside. really stressful. hard to cool down and hard to even take a breath at times when you deal with heat index values up around 105 and 110. that's not where we are with as o
connell is also catching flak. presidential candidate newt gingrich called it an irresponsible surrender to big government and continued overspending. are the republicans handing the president a hot potato or a blank check? we'll have more on that. first, here are the other stories we're looking into tonight. the ultimate game of hide and seek. the cia in pakistan using dna to track the most dangerous terrorist in the world. >> sounds like it's straight out of a spy novel. >> but the story is fact not fiction. and republicans held hostage by the tea party. i'll ask one of their leaders, dick armey, will their hard-line position on the debt ceiling take down the gop, along with the rest of the country? then off with his head. in england, that's how parliament once dealt with the king. now they're after the head of another great empire. will rupert murdoch keep his crown? we'll discuss that later. now back to the top story, the partisan gamesmanship ramping up in debt ceiling talks. did they accomplish anything tonight? >> i wish i had a different answer than i had last night but again no breakth
is 1.6 trillion pounds. if italy wants trouble, it is too big to be rescued. -- if italy gets into trouble, it is too big to be rescued. italy has world famous vans. what it lacks is low productivity and low growth. some of those who opposed to de's austerity package fear that without growth, italy cannot escape its problems. >> yes, we need to get the debt under control, but this package is not enough. you have to promote growth. in autumn, will be back to square one. >> financial markets also remain wary. most of the savings will not take effect until 2013. italy's borrowing costs are not just high, but close to being unsustainable. the austerity package will be in italy's lower house tomorrow. it is expected to be passed. the real focus remains away from here in greece. there are still deep divisions over how to organize a second bailout for that country. >> kenya's prime minister has promised that a new camp for refugees across the border from the conflict in somalia will now open. the un built the camps in kenya last year. it was intended for emergencies with houses rathe
. >>> and this is an ipad for $69. the big mistake that had people thinking they had gotten the bargain of the year. >>> i want to start with another apology today. this from rupert murdoch. responding to the hacking scandal from the u.k. what this shows you, this tape, it is murdock going into a meeting with the family of the murdered british teenager. it was that teenager's hacked voice mails that sparked the outrage into the scandal. listen. >> shame on you. shame on you. shame on you. shame on you. >> mr. murdoch, will you tell us what you said to the family? >> if you just keep silent for a minute. it was a totally private meeting. >> keep your head down, mate. >> i'm the founder of the company. i was appalled to find out i apologize. i have nothing more to say. >> nothing more to say at that moment. he did have more he went on to say. murdoch posted an ad in several british newspapers. he said, "we are deeply sorry for the hurt suffered by the individuals affected." the news of the world was in the business of holding others to account. it failed when it came to it self. rebekah brooks oversa
on energy prices. by the way, there was a big argument on at in "the economist." what has happened is, information technology greatly increase liquidity has transformed that. there is not a consensus within the financial pages that people talk about the impact of speculation. it is a given. republicans are trying to keep them from doing anything about speculation. those are the had on a tax that we have. there is a more subtle one, this attack on a risk retention. i believe that risk retention is the single most important piece of this bill. you know, the response when we used to say there was a problem, what was supposed to be the substitute for risk retention -- the rating agencies. the rating agencies were the ones. you did not need to have the latter worry about this because you could go ask the rating region -- agencies. now, the rating agencies are trying to overdo it. the people who told us that subprime loans were good are now telling us that it is not good. i think they were wrong in both times. that is one of the things that i really wanted to address now. it does of all me
this morning. big story here. we're going to look at a nuclear plant in tennessee called watts bar where a recent federal inspection found more than 40 significant problems. 40. it is a crucial issue, especially after japan's recent nuclear meltdown. one critic says regulators are gambling with people's lives. we're going to hear more from armen keteyian in this investigation. >> something you don't want to miss when you think about the future of this country's energy policy. but we begin with britain's tabloid scandal, and an unprecedented day for the owner at the center of it. rupert murdoch faces questioning by british lawmakers, who want to know more about cell phone hacking, police payoffs, and other alleged wrongdoing by reporters at his newspapers. cbs news correspondent elizabeth palmer is in london outside the house of parliament with the latest. good morning, liz. >> good morning. the murdochs are going to appear in about 2 1/2 hours from now. technically, at a session of the commons committee on culture, media and sports. but i'll tell you, in atmosphere it's much more like a
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
went to that were big money because i grew up in a middle-class home, it cost $22,000 to go, you played tennis and eight food. host: there are pictures this morning that showed a couple of scenes from inside the white house. this is from "the washington post." this is a picture of first lady betty ford and her daughter susan. the description says, "the first lady and daughter susan killed time and the president's office in 1975. in 1980, the pair lost national breast cancer awareness month. mrs. ford became an awareness for early detection. " there's a picture for 1979 and this shows mrs. ford said in a longtime -- alongside liza minnelli and liza minnelli at studio 54. the next one shows mrs. ford, that she was quite the denser and loved to do so. those pictures are all found in "the washington post"this morning. we're talking about the passing of betty ford died yesterday. we are taking your comments and tweets on the subject. new york, republican line, go ahead. caller: good morning. i want to say a few things. i thought betty ford was very innovative and incredibly supportive and sh
for the tabloids. host: what about the broadsheets? guest: it is known occasionally. there was a big scandal about mp's expenses last year, which came from information that is the voice of -- information that is the will serve and got on a computer disk. my newspaper paid for that because they thought it was in the public interest. that is a rare instance of a broadsheet paper paying for information. for the tabloids, we call it checkbook journalism. salacious information about a night out on the town with a celebrity or pop star or encounters with celebrities. that culture has grown and become more insidious over the past 20 or 30 years. host: how would you describe, to help put it in perspective -- by the way, we will put the numbers on the screen as we continue this conversation about the phone hacking investigation in the u.k. prime minister cameron spoke this morning at a problem about it and we carry that live on c- span -- spoke this morning in parliament about it and we carry that live on c-span2. we carry rupert murdoch and rebekah brooks yesterday and we will speak about that. how do you
. but there are two big things. most damaging of all, he was pressed several times on whether he had had any conversations with all of his various contacts and friends at rupert murdoch's company in the u.k. about a $12 billion attempt to buy out the reminder of bskyb, the big broadcaster over there. this was a deal that the british government has quasi-judicial authority to approve or deny. all he could say is he had no inappropriate conversations. he kept using that phrase. frankly, it didn't sound like the members of parliament really bought that line. the second thing, a really explosive claim, that someone in the senior government, a senior government official had been hacked and bugged while andy coulson was there. these kinds of allegations are -- they just keep cropping up every day and it doesn't look like this kind of statement or investigations are going to end any time soon. >> yeah, we could be early in the game at the moment. michael, i want to play some sound from yesterday's testimony, what we heard there in parliament. take a listen to this first. >> i don't know. i am now a
but in the world of finance and business as well with his many, many endorsements. this was big, big news here today. china's stlal television has been broadcasting now for five hours live after this announcement that has really captured everyone's attention. yao ming, of course, went to the houston rockets in 2002 as a tall, gangly kid, has since emerged as one of the leading players in the nba, someone who has played for the nba all-star team, has also represented the chinese team at the olympics and world titles and so on. he was able to reflect today on that journey and took some time out for a special thanks to those people in the united states who helped him along the way. >> special thanks for my friends overseas, especially the fans in houston. i would like to thank you forgive me a great nine years during my nba career. nine years ago i come to houston as a young, tall, skinny player. an entire city and a team changed me to a grown man, not only a basketball player. >> he did that very comfortably in english as well, something he wasn't able to do when he first went to houston. it rea
hikers feared dead after reportedly getting caught in a dangerous current and pulled over a big waterfall at yosemite national park. and searchers are out looking for their bodies today wednesday, july 20th, 2011. captions paid for by nbc-universal television >> announcer: live from studio 1a in rockefeller plaza. >> and good morning, everyone. welcome to "today" on a wednesday morning. i'm matt lauer. >> and i'm ann curry. as you see, it's 76 degrees already at 7:00 a.m. here in new york city. and new york is one of 32 states under a heat advisory warning today. >> i think you can see that shot from above, the haze that's hanging over the city. apparently a lot of the country is trapped inside what people are calling a heat dome. inside that dome temperatures in the 90s and 100s in areas that aren't used to getting that hot. now you throw humidity on top of that, and there is simply no way to escape. how long will all this last? we'll check in with al roker on that in just a moment. >>> then we're going to talk about the woman who can really pack a punch. we're talking about wendy murdoc
. claire shipman, abc news, washington. >> boy. money's the big one. >> always. >> that's the main cause of divorces, financial arguments, couples can't agree on a budget, that sort of thing. >> that's like the idea you've been married awhile, you still are individual enough to say, i like to do my summers here, i like to do my thing over here. we're still together but we're separate peoplpl think that's an important lesson. >> i can see how that would work for some couples but not other couples like if you have twins. >> oh! i look like grady from "sanford and son," you look like sophia from "the golden girls." >> turns out i do not age well. >> oh, man. i love our graphics. that was good. >> all right. >> bea arthur. >>> she divorced tiger woods, dated somebody new, and discovered quite a surprise. can this girl catch a break? >>> a very well known former anchor of this show is putting some extra skin in today's "skinny." stay with us.rlrlrlrlrlrlrlrlrll ♪ skinny so skinny >>> sounding good there. >> thank you, thank you. >> time for "the skinny" on this wednesday morning. we're star
correction but weeks of negotiations are showing his commitment to big government is too great to lead to the kind of long term reforms we need. >> we will stay in session every day including saturdays and sunday's until congress passes legislation. >> with the president threatening to veto the house bill bipartisan plan from the senate may be the more likely option for solving the debt problem. >> meanwhile common wealth of virginia dealing with a budget surplus documents obtained by associated press show virginia's government ended the fiscal year with an unspent balance of $311 million. governor mcdonald plans to detail how that happened later today. it came from higher than expected income tax collection. >>> now our big story a rash of robberies and assaults at the metropolitan branch trail, thugs are targeting people for money and electronics, sherry ly is live with the latest on the attack. sherry good morning. >> reporter: good morning sarah. the guardian angels just left here a short time ago they spent 3 hours out here this morning, patrolling the metropolitan branch trail st
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
and his journalists. most of those calls are from democrats. murdoch is a big banger of republicans. if more momentum build into probes in the united states or even congressional hearings, there are cautionary tales for lawmakers. reports that the tabloids sometimes turn the tables on those who investigate them. most of those accounts date well to well before this scandal blew up in the media in recent weeks. the watchdog group tells us when british parliamentarians looks into the press a couple years ago he heard of allegations she were discouraged from repeatedly inviting rebekah brooks, one of the top execs, to testify. >> the allegation was, they were told, members of that select committee were told, do not invite her again. do not press this, do not push it, because if you do, you'll regret it, and that was made very clear to them. >> reporter: contacted by cnn, no comment on that allegation. are you concerned they might hit back at you and dig into your personal life or whatever? >> i'm not worried about my personal life nor am i worried about my next term. i've been here 27 y
small number of republicans who think that we won't default and if we did it's not a big problem. they're wrong. you also have a big number of democrats and much larger number who say it doesn't matter if we spend the nation into bankruptcy. we won't go bankrupt. they're wrong. and that's even worse because there are more of them who believe that than the small number of republicans who are willing to countenance the fall. >> let me ask you something. >> let me be clear. these polls, can i just be clear about something? this is washington equivalent. polls are not equivalent. the public blames the congressional republicans much more than the president, all right? that's a fact that cannot be disputed. we should not get off with the facts are. it's not a pox on both the house. it's overwhelmingly the public blames the congressional republicans. >> james, as somebody who's made his living with polls you know as well as i do that there's not only one poll in town. there's a bunch of them. >> three of them. you can look at all three. [ overlapping speakers ] >> his numbers have been droppi
Search Results 0 to 49 of about 116 (some duplicates have been removed)